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Global Isophorone Diamine Market Growth 2019-2024
SKU ID : LPI-13851571 | Publishing Date : 13-Feb-2019 | No. of pages : 135
Isophorone Diamine (IPDA) is a mixture of two stereo-isomers of 3-aminomethyl-3, 5, 5-trimethylcyclohexylamine, and is a colorless to yellow low viscosity liquid with a faint amine odor. Commonly, the ratio of Cis /Trans isomers is 75/25 commercially.
The isophorone diamine (IPDA) is monopolized by a few giant enterprises included Evonik and Basf. Globally, the global production was 117736 MT in 2015 and it will reach 169340 MT in 2021.
Evonik was the leader manufacturer of isophorone diamine (IPDA) owned the 55.86% production market share in 2015 and with the production sites distributed in Herne and Marl (Germany), Mobile (Alabama, USA), as well as Shanghai (China). What’ more, Evonik Industries had opened an integrated production complex for isophorone and isophorone diamine in Shanghai, China in July, 2014 to serve the Asian market.
BASF manufactured IPDA at its Ludwigshafen Verbund site with the volume market share of 28.74% in 2015.
In China, the Wanhua Chemica was the only domestic enterprise with the 2000 MT production trial operation in 2013.
In addition, the production regions of isophorone diamine (IPDA) are mainly located in Europe, USA and China. Europe was the leader production regions, which achieved about 64.21% volume market share in 2015.
As for the region consumption, Europe remained the largest market for isophorone diamine (IPDA) in the world, with 53.92% market share consumption in 2015. Other major consuming regions include USA and China, which account for 17.79% and 20.40% respectively.
The downstream demand of isophorone diamine (IPDA) is rigidity. isophorone diamine (IPDA) can be used for major two purposes: epoxy resin systems as curing agent and the production of isophorone diisocyanate (IPDI). In 2015, the market share of epoxy resin systems used isophorone diamine (IPDA) was accounted for 50.23%, which was much higher than that of isophorone diisocyanate (IPDI) used isophorone diamine (IPDA).
According to this study, over the next five years the Isophorone Diamine market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 690 million by 2024, from US$ 620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isophorone Diamine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Isophorone Diamine market by product type, application, key manufacturers and key regions and countries.
This study considers the Isophorone Diamine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
One-Step Method
Two-Step Method
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Epoxy Resin
IPDI
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Evonik
Basf
Wanhua Chem
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Isophorone Diamine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isophorone Diamine market by identifying its various subsegments.
Focuses on the key global Isophorone Diamine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isophorone Diamine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isophorone Diamine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The isophorone diamine (IPDA) is monopolized by a few giant enterprises included Evonik and Basf. Globally, the global production was 117736 MT in 2015 and it will reach 169340 MT in 2021.
Evonik was the leader manufacturer of isophorone diamine (IPDA) owned the 55.86% production market share in 2015 and with the production sites distributed in Herne and Marl (Germany), Mobile (Alabama, USA), as well as Shanghai (China). What’ more, Evonik Industries had opened an integrated production complex for isophorone and isophorone diamine in Shanghai, China in July, 2014 to serve the Asian market.
BASF manufactured IPDA at its Ludwigshafen Verbund site with the volume market share of 28.74% in 2015.
In China, the Wanhua Chemica was the only domestic enterprise with the 2000 MT production trial operation in 2013.
In addition, the production regions of isophorone diamine (IPDA) are mainly located in Europe, USA and China. Europe was the leader production regions, which achieved about 64.21% volume market share in 2015.
As for the region consumption, Europe remained the largest market for isophorone diamine (IPDA) in the world, with 53.92% market share consumption in 2015. Other major consuming regions include USA and China, which account for 17.79% and 20.40% respectively.
The downstream demand of isophorone diamine (IPDA) is rigidity. isophorone diamine (IPDA) can be used for major two purposes: epoxy resin systems as curing agent and the production of isophorone diisocyanate (IPDI). In 2015, the market share of epoxy resin systems used isophorone diamine (IPDA) was accounted for 50.23%, which was much higher than that of isophorone diisocyanate (IPDI) used isophorone diamine (IPDA).
According to this study, over the next five years the Isophorone Diamine market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 690 million by 2024, from US$ 620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isophorone Diamine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Isophorone Diamine market by product type, application, key manufacturers and key regions and countries.
This study considers the Isophorone Diamine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
One-Step Method
Two-Step Method
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Epoxy Resin
IPDI
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Evonik
Basf
Wanhua Chem
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Isophorone Diamine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isophorone Diamine market by identifying its various subsegments.
Focuses on the key global Isophorone Diamine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isophorone Diamine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isophorone Diamine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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